Financial data provider Markit has chosen Nasdaq for its initial public offering, a high-profile win for the bourse which last year lost its crown for technology listings to rival New York Stock Exchange.

UK-based Markit, which is expected to raise up to $750 million with its IPO, revealed its decision to opt for Nasdaq in SEC filings last night.

Bruce Aust, global head of listings at Nasdaq OMX, told Financial News:"It’s a great testament to Nasdaq’s leadership in the tech industry. We feel like we have done well with European IPOs. Markit is just the epitome of a Nasdaq company.”

Nasdaq has historically been the stock exchange of choice for technology companies looking to list. It ranked first for tech IPOs globally in 2011 and 2012. Last year, however, more tech companies listed on NYSE, according to Dealogic data. The Big Board landed Twitter, one of the most high-profile IPOs of 2013.

Nasdaq ranks behind its rival for tech IPOs so far this year. Fourteen technology companies have gone public on the Big Board since January, raising around $3.9 billion, according to Dealogic, compared with eight Nasdaq listings that have raised $1.5 billion.

Aust added:"Despite some of the volatility in the macro we are still seeing a lot of listings and we continue to grow our leadership in tech. We started out as the exchange for tech companies."

Nasdaq is also set to list Chinese online retailer JD.com this year, which is expected to raise $1.59 billion.